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What is 3-Day Rollover?

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What is 3-Day Rollover?

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For positions that are open on Wednesday or earlier and held overnight, your rollover fees, whether added or subtracted, tends to be around three times the usual amount. The reason for this is that a 3-day rollover accounts for settlement of trades through the weekend period. The total interest you can pay or receive for the week can only be a maximum of seven days.

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